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health association, the american thoracic society, the asthma and allergy foundation of america, the physicians for social responsibility, the trust for america's health, this is what they say about the mcconnell amendment. "the mcconnell amendment would strip away sensible clean air act protections that safeguard americans and their families from air pollution." who do we stand with? this is the question we all ask in our campaigns. who's side are you on? who do you stand with? so i've made a decision. a strong one. i'm going to stand with the kids. i'm going to stand with our families. i'm going to stand with these leaders who are working day and night just to protect our health. i'm not going to stand with a right-wing ideological amendment. i'm not going to stand with amendments that are mcconnel mcl light. because if it isn't broken, don't fix it. the e.p.a. -- no agency is perfect, we know that. the e.p.a. is not perfect. but the record is clear, the actions by the e.p.a., along with local and state officials have saved countless lives. and if we leave our hands off of it,
conference organized by the united states of america and also in fighting for president of all countries in the region. that shows our markets are too small to attract really important investors. and this is very high and i hope president clinton will join us because he was one of the people who inspired ourselves to organize a conference. this was said by president alija izetbegovic, is very important. it is important to have bosnia and herzegovina connected to croatia, slovenia and croatia, bosnia and herzegovina is very important. of this region can be really motivated economically by building an infrastructure together for communication. >> if i could ask jim and catherine ashton, croatia has fantastic tourism and so does montenegro and slovenia. what is it that is holding back that investment into this part of the world? >> you have a number of investors coming. [laughter] >> the biggest thing you have to have which we have seen in croatia we have seen in other countries which we will see more of in bosnia and herzegovina is political will. for business to invest you need political
this focus on startup america which is a public/private partnership to encourage entrepreneurs to start and grow their businesses. things that in the old solo division, basically what we want to focus on, physical capital, human capital and innovation. as i said, nobody in the white house wants to hear about human capital accumulation and productivity enhancement but when the president says outeducate, outinnovate and out innovate the rest of the world it is coming straight out of the solo growth model. i think a growth agenda is what is warranted when we are talking about when the future is rooted in this let's have a business cycle driven by investment by exports by raising the skill level of our work force and to me, that is the private sector sustainable kind of growth. now let us talk about the deficit and the issues of debt facing the economy. as all of you know what matters is what is our debt to gdp level and what matters is as the simpson-bowles commission revealed that is not what is important. conflating long and fiscal challenges with the deficit which is big this year is ve
is a mean-spirited bill that will cut the heart out of the recovery we have in america today. it goes after little children, poor little boys and girls who want to learn -- they don't know what they want, but we want them to learn to read, to be able to learn something. head start is a program that has been successful. we have a lot of poor people in nevada. i wish we didn't but we do. head start has been something that has been great for our community. national institutes of health, they're whacking of that. national science foundation. our clean energy jobs, they're going after that. national laboratories. where is the spirit of pete domenici? pete domenici, longtime republican senator, he and i worked as chair and ranking member of the energy and water subcommittee on appropriations trying to fund those very important labs. the labs do lots of good things. among other things, they make our country, nuclear weapons safe and reliable. what has been done with this meat ax approach that they say is only numbers is not good for our country. i've heard my friend, the assistant majority leader,
are expected at five bucks in this summer. how are we going to move people? how are we going to build america? how are going to put people back to work in less you a robust funding stream in the transportation sector. and if you don't do that -- [applause] >> and if you don't do that, you know, you're going to get what you get and you're going to limp along and you going to continue to see people being laid off from transit systems all across the country. you're going to continue to see rolling stock to carry. you will continue to see things not in a state of good repair. you can change that during this visit on the hill. and people need to understand when you visit with them that this really matters. a lot of us, we talk of a 30,000-foot level, the deficit is a trillion and a half dollars. the debt is debt. let's talk about what affects everybody every day when we get up and we have to forget whether to go to work how they will get to work, or whether they will have a job, whether they will be up to feed and clothe their families. i think of a good message if you choose to exercise, if you s
in missouri, we really appreciate you really being one-person voice of america at a time when we really need it. so thank you. i wanted to submit two questions to you in writing. one, about our continued work. we had an oversight subcommittee last year. we heard from stewart bowen and we would like to get an update on the transition efforts in terms of reconstruction, how that process is going and also would like to get a written question in to you about the ongoing engagement with bosnia for constitutional reforms and the need for u.s. engagement with the e.u. but i'd like to focus my question really about the voices of democracy that are really rising across the middle east, north africa and elsewhere and the need to reevaluate our public diplomacy tools. certainly, looking beyond our traditional state to state, diplomatic efforts but about citizen to citizen diplomacy, the cost-effectiveness of that. i was especially reminded of that this past week. i had a bipartisan town hall meeting with congresswoman emerson and a student came up to me who studied in cairo the previous year, was conti
permits and then some. this is not the america we know, or is this the america we aspire to be. did i read that correctly. >> you did. >> this is the second time you had a nomination hearing before this committee. last time was april 6, 2010. >> can't remember the exact date but it was in april. >> do you know why your nomination was never called up on the floor of the senate? >> senator, i have read various press accounts but i have no direct knowledge. >> you are aware that under senate rules the only person who can do that would be the majority leader senator reid. >> i think i am aware of that. >> did you have a conversation with him or his staff about why he did not call your nomination up and have a vote at the united states senate on your nomination reports at the end of the last conference? >> not on that subject. >> so it is a mystery to you why you are having to go through this twice and you never had an opportunity for a vote on your previous nomination? >> i wouldn't perhaps a mystery. i have read some press accounts of how of the decisions were determined. as i learned to this
. three major areas of concern emerged from the discussion. the america invents act addresses each one of them. first, there is significant concern about delays in pat tent application process. pat tent and trademark office, p.t.o., currently has a backlog of more than 700,000 unexamined patent applications. now, there are several reasons for this, not the least of which is the p.t.o. is overwhelmed with patent applications and doesn't have the resources necessary to get through that backlog. the director of the p.t.o. obvious says that the next great invention that's going to drive our economic recovery may be waiting on a shelf waiting to be granted. our act will authorize the p.t.o. to set its fees. we want them to work through the backlog, we want them to be current. and i want to commend austin goodwills bee, the chair of the president's economic advisors. his speech on the importance of patent reform show that we need it to help america win the global competition and create jobs. we should be doing all we can to help the p.t.o. director. now, it makes no sense that it takes two y
of dividends to shareholders or investment in the country and than never used in america. >> host: congressman greg walden is chairman of the commerce subcommittee on communication and technology. mike zapler with ""the politico"," thank you both. >> guest: thank you. >> coming up on c-span2, a portion of recent testimony by transportation secretary ray lahood on president obama's 2012 budget request. then more on transportation as we bring you live coverage of the american public transportation association's legislative conference. later, the senate returns at 2 p.m. eastern for general speeches. that'll be followed later by debate and a vote on a u.s. district court nomination as well as a procedural vote on a bill authorizing small business administration programs. >> author, poet and playright ishmael reid is on "in depth," live sunday, april 3rd. he's written over 25 books including "airing dirty laundry laundry," "another day at the front." join our three-hour conversation taking your phone calls, e-mails and tweets for ishmael reed, and watch previous "in depth "programs at booktv.org w
of other contaminants. america reduced pollution and made remarkable strides in improving public health even while our economy adjusted and thrived. in fact, the clean air act has a long and clear track record of promoting job creation and economic growth while reducing pollution. the economic benefits of the clean air act are significant. for every dollar spent on clean air act provisions, we get -- protections, we get $30 of public health benefits in return. in the year 2010 alone, the clean air act saved 160,000 lives and avoided millions of cases of pollution-related illness, including 1.7 million cases of asthma exacerbation, 130,000 heart attacks, 86,000 emergency room visits, 3.2 million lost school days and 13 million lost work days. mr. president, this is a profoundly important law. it protects every single american from the types of pollution that can cause asthma attacks, lost school days for young children, emergency room visits, heart attacks, strokes, and even premature deaths. the house of representatives recently passed a continuing resolution for the remainder of the fi
for offering a resolution noting the many contributions that she made to america and express the condolences for her family. because, you see, mr. president, for we women before 1960geri was a force of nature, a powerhouse. she changed the face of politics. she changed the way women thought of themselves and what we believed we could accomplish. on july 11, 1984, when mo walter mondale called geri ferraro and sctd her to be his vice-presidential running mate, an amazing thing happened: they took down the men-only sign on the white house. they took down the men-only sign on the white house. for geri and all american women, there was no turning back, only going forward. america knows ger implete as a political phenomenon. i knew her as a dear friend and colleague. we served in the house together in the late-1970's and when she left in 1984 to run for vice president, i left in 1986 to run for the senate. we were among the early bird women in the house of representatives and as early birds, we weren't fraid to ruffle some feathers. we had some good times and passed some good legislation. it must
that is, that would end up being the largest tax increase in the mystery of america on the american people -- if you're not going to do it through legislation, we'll do it through our regulations through the environmental protection agency. and so there was an endangerment finding. the administrator of the e.p.a. had the endangerment finding, and it was based on the ipcc flawed science. nonetheless, it was there. and so they started on a route to regulate co2 through regulations. let's stop and think about what that would be. the cost that we have determined over a period of ten years now to take over the regulation and have -- tph-fbgs a type of cap-and-trade -- in fact a type of cap-and-trade through regulation would be about $300 billion to $400 billion a year. i estimated what that would cost an average family in oklahoma. it was about $3,000 for each family that pays, that actually files a tax return. you have to ask the question: what you get if you pass this. first of all, i think most of the people right now are concerned with the price of gasoline at the pump. it's going up again.
. i pledge allegiance to the flag of the united states of america, and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. the presiding officer: the clerk will read a communication to the senate. the clerk: washington, d.c., march 17, 2011. to the senate: under the provisions of rule 1, paragraph 3, of the standing rules of the senate, i hereby appoint the honorable tom udall, a senator from the state of new mexico, to perform the duties of the chair. signed: daniel k. inouye, president pro tempore. mr. mcconnell: mr. president? the presiding officer: the republican leader is recognized. mr. mcconnell: it was a great honor to have thad austin of murfreesboro, tennessee, provide the opening prayer this morning. i -- i thank him for his wise words. i first met the reverend austin as an alma mater at the university in willmore, kentucky, when i visited there in 2007. it is to engage the world and serve the world through public service. our guest chaplain has pursued that mission with great success. maybe it is a family calling.
of government agencies and services, and harm america's children, our students, our working class, and our seniors. an estimated 700,000 jobs would be lost. all of this pain delivered in the name of deficit reduction and the growing economy. yet, mr. president, the facts are clear. this is the wrong direction for our nation. mr. president, we face our current fiscal situation primarily because of falling revenues brought about by unpaid tax cuts especially for the wealthiest americans and because of ever-rising entitlement costs. every nonpartisan report on finding a solution to our current fiscal crisis stresses the need for comprehensive solution, a solution that includes cuts in discretionary spending, both defense and non-defense, as we will as cuts in entitlement spending and, yes, the need for additional revenues. just yesterday "the new york times" published a story about the efforts of the junior senator from virginia and the senior senator from georgia who honestly examine what it will take to solve our fiscal challenges. according to that story, even if congress cut discretionary
or what combination of sources will actually turn out to be best for america. and that should be cause for those of us here in congress to be extraordinarily careful in trying to predetermine what sources should either win or lose. we're always talking around here about we need to steer clear of picking winners and losers, and yet that seems that's what we do all the time. a diversity of energy sources provides the best proving ground and insurance against overreliance on any one source and a healthy economy provides the best demand for the cleanest sources available. winston churchill once said, "on no one quality, on no one process, on no one country, on no one route and on no one field must we be depend hent. safety and certainty in oil lie in variety and variety alone. now, winston churchill was talking about oil but his words are just as applicable to our need for diversity in all of our types of energy. now, finally, the need to make our energy domestic to the greatest degree possible is something that we've all known. we all know that we need to do this, but we have failed to do
society of north america, the islamic circle of north america. they have stood with us as trusted allies in speaking out against violence and in defense of religious freedom. solidarity among people of every religion in the face of its attacks of people of any one religion is respect for religious freedom and action. in concluding, as a religious community our catholic faith commits us to defend and promote the rights of religious freedom for all as a moral priority and a human responsibility. this common commitment to religious freedom is at the heart of american life. it is also an example of a world where too many doubt people of religious -- of different religions can live together in peace and mutual respect. as other countries wrestle with how to treat religious minorities, let them look to our nation where we work to ensure that our muslim sisters and brothers are treated with dignity and their religious identity and beliefs must be treated with respect. let them see with people with hard won religious freedom living out our commitment living life in the full for the identity, int
about it. think about the history of innovation. what sets america apart is so many of our great inventions start out in small garages and labs with driven, inspired people who have great ideas, developed them and then they take off. i mention companies that have started this way yesterday. hewlett packard, apple, google, and there are hundreds and perhaps thousands of others. they started from humble beginnings, and they grew spectacularly, creating jobs for millions of americans and lifting up our economy and standard of living. i know an inventor who invented sky vodka, and the vodka he drank disturbed his stomach, so he figured out biologically and chemically what it was, and he invented a vodka called sky vodka. small inventor. that company was subsequently sold, i think for a great deal of money, but it started with one man who had a stomachache from drinking vodka. now, this may be just one type of example, but apple is certainly another type of example. a garage many years ago in california, and out of that emerged this giant company. so these companies start from humble
will take another important step towards passing the america invents act. this bipartisan bill will go a long way in ensuring our country remains the world leader in entrepreneurship, research and development, and, of course, innovation. over the course of last week, every senator had an opportunity to come to the floor and weigh in on this bill with amendments. we made a lot of progress and, as a result, i'm pleased to say that we have a bill that is even better than the one we started with. a truly bipartisan product which will bring our peant system -- bring our patent system into the 21st century. if passed, this legislation will make the first comprehensive set of reforms to our nation's patent process in almost 60 years. 60 years. a lot has changed since then. the america invents act will create a legal framework that reflects current technologies and a climate in which innovation can flourish. in doing so, it will unleash the power of our nation's single most precious resource: the ingenuity of our people. and i want to point out that it will do it without adding a penny to our
connell-inhofe amendment. america america my -- mr. merkley: my colleague from texas was addressing this amendment and noting her support for it. i would like to address several reasons that y this amendment is bad policy for america. first and foremost, this amendment increases our addiction to foreign oil. it increases oil consumption by 455 million barrels. right now we import about 9.7 million barrels of oil per day. so this amendment is equivalent to six weeks' worth of oil imports. recognize that gas prices are about $3.50 a gallon. the mcconnell-inhofe amendment amounts to a $68 billion price tag for working families to buy gas, to buy gas from oil imported from overseas. and this isn't a tax that in any way supports our economy. in fact, this is a tax that goes out of our economy to purchase energy from overseas. so, from the middle east, from nigeria, from venezuala. that is very profitable to the companies that supply that oil. it's very profitable to the governments far outside of the united states of america. but it certainly hurts the citizens of our nation. it takes our energy dollar
a lesser america to the next and trillions in unpaid bills. a new report from the government accounting office documents what we instinctively have known, waste and duplication in government cost taxpayers billions of dollars every year. early estimates say between $100 billion and $200 billion. and experts say we could save tens of billions of dollars by aggressively prosecuting health care, waste and abuse, just as we saved millions of dollars going after health care fraud when i was attorney general. the people of connecticut, indeed of america, will not tolerate and should not tolerate billions in waste and duplication. it must be cut. that's where we should focus. not on the thoughtless slashing of essential services that provide a safety net for our most vulnerable citizens. when we cut, let's be smart about it. the people of connecticut are sick of the special breaks and tax loopholes that have been protected for far too long, tax breaks to companies that send jobs overseas, subsidies to huge oil and gas interests; some of them the most profitable companies in the history of the
's like the argument about america that is at the heart of this. now he can argue that progressives and i do come from the senate, i do work for the center of american progress, have an extra constitutional vision of the system of laws, constitutional decision-making that argued that we have a living constitution that should to some degree acknowledge the realities of the world we live in today, and that the reason why the constitution speaks in broader language and it's not as restrictive and statute because our founders recognized that they could not determine what america would be 200, 250, 300 years from the time that a libyan. and so that those who argued for a broader constitutional perspective obviously limited by the text, and having some strong adheres to the text, but still to the degree that we recognize the fact the way people live is not the vision that is not respectful of liberty. we define liberty, we may have a different vision of what that liberty means. for example, i myself personally believe that it is not respectful of someone's liberty interests that we argue that w
in america. these are bad priorities, they're bad policies and they're bad values. the right way is a balanced approach. this must include spending cuts. we've made cuts in my own appropriations bill buvment it also includes necessary revenue increases. while making room for vit kal investment -- kri critical investments for job creation in the future. we know this balanced budget approach can work, because i said that's what we it in the early 1990's under press clinton. we did both. we cut spending and we raised revenues. as i said, every republican voted against it. but that single act of congress and that bill signed by the president led to the largest budget surpluses and the longest economic expansion in u.s. history created 22 million new jobs. now, h.r. 1, that has come over from the house, their approach on how to bring the budget under control will kill jobs. mark zandi, top economic adviser to senator mccain's campaign estimated that h.r. 1 will kill some 700,000 jobs. federal reserve chairman bernanke estimates it will kill 200 now jobs. nobody knows for sure. but eve
of america and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. the presiding officer: the clerk will read a communication to the senate. the clerk: washington d.c., march 10, 2011. to the senate: under the provisions of rule 1, paragraph 3, of the standing rules of the senate, i hereby appoint the honorable tom udall, a senator from the state of new mexico, to perform the duties of the chair. signed: daniel k. inouye, president pro tempore. mr. reid: mr. president? the presiding officer: the majority leader is recognized. mr. reid: following any leader remarks there will be a period of morning business until 2:15 p.m. today with senators permitted to speak for up to ten minutes. at 10:30 senator jerry moran will be recognized to speak for up to 15 minutes. at 2:15 p.m. the senate will proceed to executive session and consider the nomination of max oliver cogburn of north carolina to be district judge for the western district of north carolina. mr. president, i ask unanimous consent there be a total of 45 minutes for debate
, increasing america's debt we can adjust domestically and internationally. leadership means that the buck stops here. instead, washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. america has a debt problem and a failure of leadership. those are the words of former senator barack obama, now president of the united states. as a candidate for president in 2008, president obama said we're going to have to take on entitlements and i think we've got to do it quickly. and in 2009, then president obama said, what we have done is kicked this can down the road. we are now at the end of the road and are not in a position to kick it any further. he also promised his administration would, quote, work with congress to execute serious entitlement reform. now, president obama, as both republicans and more and more democrat members of congress are committing to go forward and as republican and democrat governors in states in fiscal peril are responding, our nation, mr. president, our nation needs you now, to assume the primary leadership role in helping
week nearly 200 small businesses came to washington, d.c., from illinois and from all across america. they came to stand up in support of reform of the interchange fee, the swipe fee, that congress passed last year. they came to stand up to the major credit card companies, visa and mastercard and the $13 trillion banking industry that's doing everything in its power to reverse this reform. small business, as we all know, is the key to our economy and its future. we need for them to be able to grow, to hire more workers and serve their customers we will. -- and serve their customers well. but debit card swipe fees set by visa and mastercard are crushing many small businesses. the banks made over $16 billion per year in debit swipe fees back in 2009, about $1.3 billion per month. now, $16 billion may not sound shrike a lot of money when you compare it to the $20.8 billion that the new york state comptroller said was paid out in wall street bonuses to major financial institutions just last year. but it is a huge amount bh it affects small business. for most americans on main street, $16
states of america to tap into its own oil reserves. in alaska alone, there are three places up in alaska that would supply the united states with 65 years worth of what we import from the persian gulf. 65 years worth of oil that we import from the persian gulf is in just three areas in alaska. unfortunately, as strongly as i believe in renewable energy, it's going to take us 30 to 40 years for renewable energy infrastructure to be up and running enough to start contributing significantly to our nation's energy supply. which is why we need to act to get more oil, natural gas, and other types of american fossil fuels into our energy supply today. i would argue that there is a vital u.s.-american interest t to -- u.s. american interest to harvest our own energy or we risk in engaging in military conflict every time those in the middle east become unstable. mr. president, this is absolutely a critical debate. there are legitimate differences on both sides of this debate, but this is a debate the congress should be willing to have, whether the president should have consulted and whether this
an agriculture base, not only middle of america in terms of wire over but howard of the fact that i have had more than one person mentioned this to me, la love living in ottawa. i am two hours from kansas city and a few hours from chicago. i could be in denver in their time. you can't say that in many other places. and because you can do that your world is actually much larger than people from the east coast or the west coast because people from los angeles are not from california. there from los angeles. follow me on this. people from new york are from new york and they mean that happen or one of the five boroughs. otherwise i am from westchester which is outside the borough to prove they're not from the five boroughs because what would they want to be which means they could afford to live in manhattan. so you are from iowa. i leave in the morning. i live in ottawa. there's something to that culture about how you are naturally place that i think makes you a very worthwhile first choice although i will continue the conversation to your question. twitter, facebook, bloggers, video. turnaround at t
america to mexico to the united states -- we have to work on our drug control programs here. we have to try and do something about more effective programs to stop people from getting addicted to drugs. but i think the legalization of drugs is clearly a debate that we have to have that. host: the next call is from the bahamas. zack, you are on the air. caller: the national times that you were " prettquoting. host: i did not know the ownership of the financial times. caller: you may want to check that. that is not the only publication that muammar gaddafi owns. ms. lowey, you strike me as very naive when it comes to foreign -- i am surprised that you are on the forum committee. -- on the foreign aid committee. i am familiar with eastern europe. i have some background there. anything is better than muammar gaddafi. the person leading the rebels has a ph.d. i am surprised the protesters and libya -- they are sitting ducks. maybe some kind of advice [unintelligible] i tell you, anything is better than muammar gaddafi. that is my comment. guest: let me say that you certainly seemed well in
to bending the curve of the rate of america's space exploration, that would have been an unmemorable and an ineffective presidential intervention. instead, president kennedy put a hard obama out there that everybody -- put a hard benchmark out there that everybody in the world would known we failed. we didn't know how we could do it. we believed we could. we're innovators. this is the country of innovation and the big idea. and by putting that marker out there, president kennedy drove what was then a smaller federal bureaucracy towards that goal. and i think we need an equally specific goal from the administration on this front in order to make sure that our considerably larger federal bureaucracy is fully purpd towards achieving that -- purposed towards achieving that because the goals are going to be so significant. so i congratulate the c.d.c. on their report. i want to remind my colleagues how valuable this kind of health care reform is. it is not what we yell about her, but it is out there right now saving lives and saving money and we need to encourages it and we need to expand
're told that 85% of all the jobs in america are small business jobs. shouldn't we be trying to help them? that's what we have been working on. we haven't been doing all these things, these messages, cutting out programs for little boys and girls who want to learn to read, cutting pell grants for young men and women who are in college, cutting the ability of renewable energy projects to go forward. and all of these other messages that they're sending to the american people. we're here trying to create jobs. we have spent this congress over here in the senate on bipartisan issues, creating jobs. f.a.a., 280,000 jobs. we just finished within the last few hours the bill that will change the patent system in this country, that's needed changing for 60 years, and we've done that. and now they're blocking our going to a small business bill, another bipartisan bill. senator snowe, the ranking member of that committee, has worked with senator landrieu to move this bill forward. why -- who's holding up our going to this very important jobs bill? i hope the republicans in the house are understandin
speaker is here and ready to start. okay? >> president obama's tour of latin america takes into el salvador today. >> beginning april 1 and throughout the month, we'll feature the top winners of this year c-span student cam competition. nearly 1500 middle and high school students submitted documentary on the theme "washington, d.c. through my lens" focusing on the advanced issue or topic that helped them understand the role of the federal government. watch the videos and meet the students that created them. stream the videos online at studentcam.org. >> c-span2, one of c-span's public affairs offerings. weekdays live coverage of the u.s. senate, and weekends booktv. 48 hours of the latest nonfiction authors and books. connect with us our twitter, facebook, and youtube, and sign up for scheduled alert e-mails at c-span.org. >> and we're live once again with the america's promise summit. the organization reports that one out of every four public school students will drop out of high school before graduation. the group is holding the summit on reducing the high school dropout prates.
america's profits in that room. almost all public companies leaders will probably all public companies except one all regulated by the fcc. i was talking about impediments to job creation. i will give you a little relief from the question of the day for the moment that ask, dodd frank is not perfect and it was not what you might call a low-cost low-budget way to get better performance with less cost. you asked for 28% budget increase. in fact, if you had only the budget increase necessary to do the work you were not doing as well as you wanted to without all the new laws what would that increase be in your estimation? what would it cost to do it right without piling on new regulation when there's no question there have been problems in your existing portfolio? >> i would have to actually do the math. maybe this helps. when we get our 2012 request we viewed 40% of the positions and it was a total of 780 positions or 584 full time equivalents. we use 40% to are ongoing program. that is 312 positions at 60% going through dodd frank implementation, hedge funds, oversight, over-the-counter
. there were some recent reports suggesting that organizing for america, democratic national committee project, designed to reelect president obama, was helping to foment the protests in wisconsin. these unions are spending big-time money to elect politicians because they know the politicians will deliver big-time benefits. but the chickens are coming home to roost as we are seeing in state after state, the markets have something to say about these exclusive relationships and the benefits they secure. the credit rating agencies have announced that they will begin factoring unfunded pension obligations into the calculations they use to rate the creditworthiness of states. this is significant because the total value of state bond debt is estimated to be aroun around $1 billion while pension debt is at least two or three times that amount. state credit ratings reveal another aspect of state budget crisis. the five states that prohibit collected bargaining over retirement benefits has moody's highest credit rating. california an illinois, which allow collective bargaining over retirement benefits
complex were of course america's most important documents are housed. this morning we have a group of students from four states, part of the c-span close-up program here on c-span's "washington journal." they are all ap honor students and we are pleased to welcome marc ginsburg former ambassador to morocco senior adviser tots president carter on the middle middle east and now a lawyer in washington d.c. with apple worldwide. appreciate your time. >> could to be with you. good morning. >> what is our mission in libya and what is the endgame?e >> depends on the u.s.. if you ask the french defenseme? minister is regime change in if u.s. president carter it is a humanitarian mission to prevent gadhafi's forces is a humanitarian mission to present -- prevent forces from harming innocent civilians. if u.s. the pentagon come it is to enforce a no-fly zone. if you ask susan rice and others, it is to join a coalition of countries that are willing to take this battle all the way to force muammar gaddafi to give up power and perhaps leave libya. you have an unfortunate in consistency to exac
of an amendment in terms of the fee diversion. what most people in america don't understand is there's no tax dollars taken from any general fund for the patent office. it's all fees that when you file a patent or file a trademark or file a copyright, you pay into the patent office. unfortunately, over the last 10 or 15 years, $800 million of those dollars, of those fees have not been left at the patent office. they've been taken and used somewhere else. so when you pay a fee for a patent, that money isn't going to pay for the examination of the patent, and so right now we find ourselves with 718,000 patents waiting for first acti action. if i file a patent today, what we will see is 26 months from now, my pat lent have first action and the first reading of an examiner of my patent application. and if we want to create jobs and we want to stay on top of the world in terms of innovation, we can't allow that process to continue. so what the amendment does is says we're not going to take the money that people used to pay for a patent application and spend is t somewher -- and spent somewhere els
and like every company in america, we are looking for ways to streamline the way we do business. leland melvin who is my new associate administrator for education once chaired and now since he's the associate minute straight he oversees the work of an education design team with the nasa. we going out and have been working with professional educators, colleges and universities, secondary educators, to determine how we can better implement our education program with the nasa so that we get the same value that we get right now for less money. so, the $138 million is a significant amount of money for our education efforts. we are also trying to collaborate much more with other agencies. we are working with the first ladies, the white house initiative for things such as helping military families, and aspect of that is education for military families. we have content that we can offer that we don't spend another dime on. it's already there, whether talking to astronauts on the international space station. one of the best things i did, we used to do something called star ask we got on a hammer
or their medicine. something that in america in the 21st century you can't believe that's going on but, in fact, it was and unfortunately it still is. but it's about to go out because we are now covering that gap that is known as the doughnut hole in the new health care reform bill. and so this bill that was passed a year ago is closing the gap in that coverage, and in my state alone, that means that 235,000 florida seniors received a check in this year of $250 that helped cover the cost of those prescriptions in that last year of 2010. and this year in 2011, under the new haw, the seniors who -- new law, the seniors who hit that gap called the doughnut hole are going to receive a discount of 50% off the cost of their prescriptions and the gap under the new law is going to be entirely eliminated by the year 2020. it's going to be gradually phased in. a year ago, a lot of folks talked about the effect of health reform on medicare advantage. remember that? remember all of that criticism about how medicare advantage was going to go down and how it was going to get cut? well, when we started propos
the tools to make sure that this bill reaches its intended goal of improving america's economy. this amendment will create green jobs and support america's transformation to a self-sustaining economy that, among other things, is not relying on foreign oil. it is vitally important that we do our best to ensure that all americans have good-paying jobs and that we secure our nation's economic future. i'm going to ask my colleagues to support this amendment. it codifies an existing successful program at the patent office. it is good, commonsense policy that can help america propel forward in the 21st century. with that, mr. president, i yield the floor. i observe the absence of a quorum. the presiding officer: the clerk will call the roll. quorum call: quorum call: mr. martinez: mr. president? the presiding officer: the senator from emergenc emergency. the presiding officer: without objection. mr. martinez: mr. president, i observe absence of a quorum. quorum call: a senator: mr. president? the presiding officer: the senator from new york. mr. schumer: i ask unanimous consent the q
problem in america because we had very liquid housing. we've had with securitization, which i think you mentioned, or somebody mentioned, obviously we do much more securitization than they do in europe. covered bonds, which are an interesting and a very useful and common source of funding in europe, much less so here. is a narrower piece of housing finance and a large securitization, the very liquid market that we have had here. and so folks have been okay in terms of the kinds of demographic dynamics you mentioned. i would argue that the problem is less one of demographics and supply and demand, and more want of that slide i should show the him come growth of the middle-class. assuming weekend and we're really going to try to get this right, the pricing right whether it's a guarantee, whether it's financial regulations that operate through financial channels in the housing finance markets, assuming we get the price right of mortgage borrowing, you've got to get, you've got to get folks income, you've got of middle-class folks income not necessary going in lockstep with productivity but
with the america invents act. extraneous amendments have nothing to do with reforming our out-of-date patent system so that american innovators can win the global competition for the future. they have no place in this important bill. we're going to win our imloabl economic competition, we need to pass a bill that makes sense. we have to dispose of another such amendment of i take proposals to amend the constitution of the united states seriously. i take seriously my oath to uphold and defend the constitution and bear truth and alley diswroons it, true faith -- bear truth and allegiance to it, true faith and allegiance to it. i have seen hundreds and hundreds of constitutional amendments proposed during my years in the senate. i am delighted that it did not pass because i can only imagine what our constitution dwoo look like if they had. and i have become more and more skeptical of recent efforts to amend the design of the principle protections of all americans. i think the founders go a pretty good job in designing our fundamental cheamplet i take seriously the standards setted in article 5 of the
will be seeing a slower rate of growth in the united states of america as well. a worthy situation in the middle east to get worse and for the damage from oil fields outside of libya and we may have another shock on the oil price which could serve to impede the growth of the economy. so the conclusion i take from this is that the world economy doesn't know if it's going to go back into another deep recession. we're not going to have another impossible situation but the world economy is not going to provide the impetus that it's currently providing. it may not feel that great but it is providing quite a bit of impetus at the moment. it will be providing less impetus next year and beyond. that means that the chancellor has to intensify his pursuit of measures which make the u.k. that much more competitive and that much more successful. >> thank you, mr. deputy speaker. and would my right honorable friend also comment on the importance of improving our import positions vis-a-vis the countries brazil, russia, china and what important part that could play in our recovery? .. larger companies go into
community. one the things we're going to try to do here and in startup america is make them more broadly. all right, we in lightning round. and we are going to go to what i think was very useful that tim started in the beginning and said what -- if you had some advise for the policymakers today, give us something concrete that you think would help increase access to capital really across the spectrum that we talked about today. greg, do you want to start? >> i'll go back to what i reiterated. this fits in the do no harm from regulation, specifically on the volcker rule is having a big impact. it is an example right now where we are out raising our 5th funds to funds, and we have a state pension looking to put $100 million into the fund. and the biggest issue is the volcker rule and what's going to happen. yes, it's been under determined yes, but they are not willing to put the money in until it's resolved. which means they may walk. that's a huge issue for money going into venture capital, and it's a huge issue for us. i talked about the fda reform, and also being able to do clean tech l
and sacrifices security an education. yes -- and education. yes, it cuts a lot of money today, but america would lose so much tomorrow because these cuts are made arbitrarily without regard to the consequences. that's why leading independent economists agree it would slow growth and cost jobs. the day before yesterday on national public radio they had more than 300 economists who were saying with one voice, don't do this. we can't be blinded by the big numbers in the house republican plan. we have to scrutinize how they cut $63 billion, and the truth is that it adds up to to $61 billion through a significant subtraction of programs the american people don't want to lose. it slashes more than $1 billion from social security, security, $1 billion, which means half a million seniors who paid into social security their entire lives and now are eligible for it wouldn't be able to get the benefits promised to them. there is nobody to process the claims. it cuts $700 million from education, which means a million disadvantaged students could lose funding and more than 10,000 teachers, aides and school s
that will keep america exceptional. they keep the military strong, technology revolution that's going on in america great. and these are frankly the things through stem and first robotics programs and other things that really captivate the young people and get them interested in school again. i think if they are excited about being there, you support them, they will do well. >> doesn't this -- you want to add things to what's being done now. doesn't it cost money? where do you get it? >> you know, we have -- if you look at what's happened i think in in country over the last couple of decades, it's generally not been money. in virginia, we have increased the student enrollment 7 or 8%. the amount of funding for education has gone up about 45 or 50%. it out paced the rate on student enrollment. we are still growing. even with some of the cuts that we have made. i think it's about -- again, back to governor o'malley, good leadership in the schools, stretching those dollars farther and putting them into the things that you know has worked. focusing on outcome, not just input. >> mayor cor
left by -- by a receding america. and we have to take a very careful look when we are going to cut back things like this to make sure we are not undermining our core interest. now these institutions are not perfect. they have made mistakes in the past, i'm sure they will make mistakes in the future. they are the most cost effective and better results of almost any other program out there. they have much more impact in bringing about reforms in reducing corruption and increasing transparency that we are able to do are on our in many cases. we are the united states, we need our obligations, we meet our committees. the budget request includes commitments made by our predecessors and your predecessors. if we fall behind on those commitments, we will lose influence and describe institutions of the resources they need to carry out things critically important to americans. if we limit the resources available to the world bank, it will leave money governments will no choice but to return to countries like china who will tie their loans to conditions that help advance chinese commercial interest
and u.s. relations with latin america. that's coming up today from the center for strategic and international studies around two o'clock over on c-span. the treasury inspector general for the troubled asset relief programs thinks the markets should step in and save big institutions. testified this week and looking into the effectiveness of t.a.r.p., joined by a member of the t.a.r.p. oversight panel which released their final report this week. the hearing is an hour and 40 minutes. [inaudible conversations] [inaudible conversations] >> i'd like to call to order this senate banking committee hearing and returns and tax investments. one topic comes up, and it's hard not to think back to the intensity and dramatic moments of the financial panic near two and a half years ago. treasury secretary paulson and the federal reserve were quickly running out of options and legislatures were forced with difficult choice of whether to provide hundreds of millions of dollars at wall street or possibly see the economy slide deeper into chaos. however, as the congressional oversight panel pu
endeavor, but america's armed forces are playing an indispensable role strengthening and defending our friends while deterring and defeating our enemies. 2011 will be a consequential year for centcom and socom. among the vital strategic issues that were in play this year, we face the beginning of nato's transition of responsibility for security in afghanistan to local and national afghan forces amid strained and even deteriorating u.s./pakistani relations. we face hard choices about the future of u.s. defense assistance to lebanon after hezbollah's use of coercion to become the dominant actor in the government. we face the iranians' regime desires to develop a nuclear weapons capability and to exploit the current regional instability, to expand its hegemonic ambitions. we face the destabilization of critical counterterrorism partners like egypt, jordan, yemen and bahrain where the headquarters of u.s. fifth fleet is now caught up in the broader debate over the people of bahrain's political future. and, of course, we face the prospect of a complete withdrawal of all u.s. troops from ira
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